Uniform Wares 104 - Second Hand misalignment

I wish that I had discovered this forum beforehand as it seems to be a wealth of information relating to watches which may have helped in my decision to purchase one. Anyway, I'm getting off topic.

I received the watch this week and excitedly opened the box to find that the second hand did not align with the second markers (not sure if I'm using the correct term here) on the watch face. The second hand seems to fall between each pair of second markers, rather than on each one.

Being new to the world of watches, I imagined that a watch at a cost of £170 should be exact but this does not seem to be the case here. Does anyone know if:

1. This is a regular issue?
2. It can be fixed?
3. Would you recommend I return it for a replacement?

I searched for a solution to this problem for a couple of days now but haven't found any good advice or source of information, until today. Thanks for reading!